Sandstorm Gold Ltd. (NYSE:SAND – Free Report) – Equities research analysts at Scotiabank raised their FY2026 EPS estimates for Sandstorm Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings of $0.21 per share for the year, up from their previous forecast of $0.20. Scotiabank has a “Sector Perform” rating and a $7.25 price objective on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.
Sandstorm Gold (NYSE:SAND – Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. The business had revenue of $47.40 million during the quarter, compared to analysts’ expectations of $67.49 million. During the same quarter in the previous year, the firm earned ($0.04) earnings per share.
Check Out Our Latest Analysis on SAND
Sandstorm Gold Price Performance
Shares of NYSE:SAND opened at $6.79 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 135.73 and a beta of 1.06. The firm has a fifty day moving average price of $6.17 and a 200 day moving average price of $5.94. Sandstorm Gold has a fifty-two week low of $4.92 and a fifty-two week high of $6.95.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of SAND. Sprott Inc. grew its stake in Sandstorm Gold by 77.9% in the 4th quarter. Sprott Inc. now owns 4,465,843 shares of the company’s stock worth $24,925,000 after acquiring an additional 1,955,916 shares in the last quarter. Barclays PLC increased its position in Sandstorm Gold by 6.4% during the 3rd quarter. Barclays PLC now owns 399,854 shares of the company’s stock valued at $2,400,000 after purchasing an additional 23,947 shares during the period. FMR LLC bought a new stake in shares of Sandstorm Gold in the 3rd quarter valued at about $600,000. Geode Capital Management LLC increased its holdings in Sandstorm Gold by 7.5% during the third quarter. Geode Capital Management LLC now owns 125,681 shares of the company’s stock valued at $757,000 after buying an additional 8,728 shares during the period. Finally, Louisbourg Investments Inc. lifted its holdings in Sandstorm Gold by 17.4% during the fourth quarter. Louisbourg Investments Inc. now owns 728,182 shares of the company’s stock worth $4,071,000 after buying an additional 108,000 shares during the period. Hedge funds and other institutional investors own 51.97% of the company’s stock.
Sandstorm Gold Company Profile
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.
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